Message:

<p>[QUOTE=&quot;InfleXion, post: 1575047, member: 29012&quot;]Looks like I fell a little behind, but just my quick 2 cents on the recent thoughts <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />&nbsp; </p><p><br /></p><p>Counterfeits are a real concern. There is a counterfeit for just about everything, ASE&#039;s and junk silver included. Anyone wanting to get into the market should most definitely do their due diligence and only buy from trusted sources. This will likely only get worse.&nbsp; </p><p><br /></p><p>I do not think that will be enough to dampen prices on the long term, and I also do not think that this is a typical market where you want to hit the top. Reason being is because metals are primarily a hedge against dollar devaluation. If they do go high enough then there will be no top, at least not in dollar terms. They may simply become the currency of choice, which is why I have no plans to sell unless interest rates are jacked way up beyond inflation. Sure there may emerge a new asset class that is more undervalued or more desirable, but for cash profits I have no specific target. I will say that I do expect resistance in silver at 75 for fibonacci retracement, and 114 for percentage based pattern resistance derived from the previous highs, should it get up that far, but otherwise I see very little resistance above 50.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in